431 Burloak Drive, Oakville, ON

Bronte, Oakville · MLS® W13088550

$1,698,000
For Sale
Listed 73 days ago
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4Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

Situated on a mature lot in the desirable Lakeshore Woods community, this well-maintained 4-bedroom, 4-bath residence offers a thoughtfully designed layout suited to both daily living and entertaining. The home is fully carpet-free, with solid hardwood flooring extending throughout the main and second levels, creating a consistent and refined interior. The main floor is bright and well-proportioned, offering a natural flow between principal rooms, including a formal living room and dining area. A dedicated office provides a quiet workspace, while the family room is open to above, creating a bright and airy atmosphere. A double-sided gas fireplace connects the two spaces, adding both warmth and architectural interest. The kitchen is designed with functionality in mind, offering ample cabinetry and workspace, and connects seamlessly to the surrounding living and dining areas. The second level features four generously sized bedrooms, including two with private ensuites, one of which is the primary suite. The remaining two bedrooms are connected by a Jack-and-Jill bathroom, providing both privacy and convenience for family living. The finished lower level is configured as a large open recreation area, offering adaptable space for a variety of uses. Set within an established neighbourhood, the property benefits from mature surroundings and a private outdoor setting. Conveniently located near schools, parks, and everyday amenities, this home offers a balanced blend of comfort, functionality, and location.

Key facts

Property type
Detached, 2-Storey
MLS®
W13088550
Bedrooms
4
Bathrooms
4 (1 half)
Size
3000-3500
Lot
89.57 × 44.95 ft
Cross streets
New St & Burloak Dr
Parking
2 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,353 / 2025
Days on market
73
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 2Second3.99 × 3.91 m

4 Pc Ensuite

OfficeMain3.15 × 2.72 m
BreakfastMain3.23 × 3.63 m
FoyerMain1.80 × 2.34 m
Exercise RoomBasement0.00 × 0.00 m
Primary BedroomSecond5.74 × 4.17 m

5 Pc Ensuite

Family RoomMain3.89 × 4.22 m
Bedroom 4Second4.95 × 3.53 m
Bedroom 3Second4.93 × 3.91 m
Living RoomMain3.48 × 3.30 m
RecreationBasement0.00 × 0.00 m
KitchenMain4.24 × 3.63 m
Dining RoomMain3.48 × 3.30 m
LaundryMain2.77 × 1.83 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.48Mest. value

Listed at $1,698,000, this home is about 32% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.67M, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2.55M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $2.50M

That comparable adjusts to $2.50M; the $2.48M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. New at Burloak is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.70MGreat deal$2.51MOverpriced

Total price vs nearby homes. Fair value about $2.48M, median of 8 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.23Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

43 Sixteen Mile Drive$1.80M272 Wisteria Way$1.85M2390 Taylorwood Drive$2.29M10 Settlers Road$2.30M1387 Willowdown Road$2.90M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.70MThis home1.80M1.85M2.29M2.30M2.90MThis home vs active comparables
Live market pulseActive comparables in Bronte · median list $2.55M
$522this home / sqft
10active listings nearby
73days on market

This home lists 35% below the area average of $807/sqft.

67 days longer than the Oakville average (6 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bronte, Oakville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

72/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: New at Burloak, about 91 m away

20+ transit stops2 grocery17 dining18 parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

West
$1.89M
Glen Abbey
$1.98M
Bronte Creek
$1.77M
Southwest
$3.79M
Westmount
$1.66M

Typical asking price of active listings of the same type, per area (outliers removed). Oakville.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$7,739/mo
$317KIncome needed
5.4×Price ÷ income
$1,786Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $7,739Property tax $613Total carry $8,352

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,249per month

Mortgage amount $1,358,400 · 4.14% over 25 years

$339,600Down payment (20.0%)
$1,358,400Loan before insurance
$0CMHC premium
$7,862Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,249
Property tax
$613
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,862

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$30,435
Estimated closing costs
$30,435

Plus your down payment of $339,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,804/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$816,278Total interest paid
$2,174,678Total of all payments
Principal $1,358,400 Interest $816,278
YearPrincipalInterestBalance
1$31,823$55,164$1,326,577
2$33,154$53,833$1,293,424
3$34,540$52,447$1,258,883
4$35,985$51,002$1,222,898
5$37,490$49,497$1,185,407
6$39,059$47,928$1,146,349
7$40,692$46,295$1,105,656
8$42,395$44,593$1,063,262
9$44,168$42,819$1,019,094
10$46,015$40,972$973,079
11$47,940$39,047$925,139
12$49,945$37,042$875,193
13$52,034$34,953$823,159
14$54,211$32,776$768,948
15$56,479$30,509$712,470
16$58,841$28,146$653,629
17$61,302$25,685$592,327
18$63,866$23,121$528,460
19$66,538$20,449$461,922
20$69,321$17,666$392,602
21$72,221$14,767$320,381
22$75,241$11,746$245,140
23$78,389$8,598$166,751
24$81,668$5,320$85,084
25$85,084$1,904$0

At the end of your 5-year term

Total paid over the term
$434,936
Principal paid down
$172,993
Interest paid
$261,943
Balance remaining
$1,185,407

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
3.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.5%
Gross yield
− Property tax $7,353− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,531

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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